Sun Mar 16 01:10:00 UTC 2025: ## Coinbase Volatility Play: New ETF Offers Double Leverage Despite Market Dip
**NEW YORK –** Despite a recent downturn in the cryptocurrency market and Coinbase (COIN) stock, Leverage Shares by Themes has launched a new exchange-traded fund (ETF) designed to offer double the daily return of COIN. The Leverage Shares 2X Long Coinbase Daily ETF (COIG), listed on Nasdaq, charges an expense ratio of 0.75%.
The launch comes as Bitcoin (BTC) has fallen approximately 19% in the last three months, and Coinbase stock has plummeted nearly 42%. This new ETF allows investors to amplify their exposure to Coinbase’s price volatility, either profiting significantly from upward swings or suffering substantial losses during declines.
While offering potential for high returns, COIG is considered a high-risk instrument. Leveraged ETFs of this type are typically used for short-term trading due to the daily compounding of gains and losses, which magnifies the impact of price movements in the underlying asset. Investors should be aware of the considerable risks involved before investing.
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